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Groundbreaking at Austin-Area Micro-Home Rental Community

Groundbreaking at Austin-Area Micro-Home Rental Community

by Phil Hall | May 31, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The developer Casata recently hosted a groundbreaking ceremony to launch Casata San Marcos, a 210-unit micro-home rental community located within the greater Austin Metropolitan area in San Marcos, Texas. The development of Casata San Marcos follows the builder’s...
Zillow Names Phoenix as the Best Housing Market for New College Graduates

Zillow Names Phoenix as the Best Housing Market for New College Graduates

by Phil Hall | May 30, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Zillow (NASDAQ:Z, ZG) has dubbed Phoenix as the best housing market for this year’s college graduates. Zillow analyzed the nation’s major metro markets to determine the best combination of rental affordability and concessions, job prospects and a population of...
Median Asking Rents Down for Ninth Straight Month

Median Asking Rents Down for Ninth Straight Month

by Phil Hall | May 22, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The median asking rent nationally in April for 0-2 bedroom units declined year-over-year by 0.7% to $1,723, according to new data from Realtor.com. This marked the ninth consecutive year-over-year drop, with declines recorded in all size categories of rental housing....
Andrew Bowen Joins LeaseLock as SVP

Andrew Bowen Joins LeaseLock as SVP

by Phil Hall | May 14, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

LeaseLock, a Dallas-based insurtech offering lease insurance for rental housing, has hired Andrew Bowen as senior vice president of strategic partnerships. Prior to joining LeaseLock, Bowen spent 13 years at RealPage Inc., most recently as a vice president and...

Market Snapshot: Today’s Rental Housing Market

by Phil Hall | May 7, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Three new data reports offer greater insight regarding the state of today’s rental housing market. Rents have outpaced wages in 44 of the 50 largest metros since 2019, according to data from Zillow Group (NASDAQ:Z, ZG). Over the last five years, U.S. rents have grown...
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